Macquarie Technology Group (ASX:MAQ) PB Ratio: 3.80 (As of Jun. 24, 2026) — 21% Below Median


ASX:MAQ Macquarie Technology Group Ltd ASX:MAQ
94 GF Score
Price A$74.27
GF Value A$67.84
Valuation Fairly Valued
! 8 Warning Signs
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What is Macquarie Technology Group PB Ratio?

Macquarie Technology Group ASX:MAQ +2.13% 94 PB Ratio is 3.80 as of Jun. 24, 2026, which is 21% below its 10-year median of 4.82. GuruFocus rates ASX:MAQ with a GF Score™ of 94/100 and a GF Value™ of A$67.84 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,624 Software companies, Macquarie Technology Group ranks worse than 68.29% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-24), Macquarie Technology Group's share price is A$74.27. Macquarie Technology Group's Book Value per Share for the quarter that ended in Dec. 2025 was A$19.54. Hence, Macquarie Technology Group's PB Ratio of today is 3.80.

Warning Sign:

Macquarie Technology Group Ltd stock PB Ratio (=3.89) is close to 1-year high of 4.12.

The historical rank and industry rank for Macquarie Technology Group's PB Ratio or its related term are showing as below:

ASX:MAQ' s PB Ratio Range Over the Past 10 Years
Min: 2.76   Med: 4.82   Max: 12.67
Current: 3.8

During the past 13 years, Macquarie Technology Group's highest PB Ratio was 12.67. The lowest was 2.76. And the median was 4.82.

ASX:MAQ's PB Ratio is ranked worse than
68.29% of 2624 companies
in the Software industry
Industry Median: 2.37 vs ASX:MAQ: 3.80

During the past 12 months, Macquarie Technology Group's average Book Value Per Share Growth Rate was 6.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 40.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 32.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 17.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Macquarie Technology Group was 40.80% per year. The lowest was -14.40% per year. And the median was 4.05% per year.

Back to Basics: PB Ratio


Macquarie Technology Group  (ASX:MAQ) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Macquarie Technology Group PB Ratio Related Terms


Macquarie Technology Group PB Ratio Historical Data

* Premium members only.

The historical data trend for Macquarie Technology Group's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Macquarie Technology Group PB Ratio Chart

Macquarie Technology Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.34 8.94 5.21 5.35 3.52

Macquarie Technology Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.95 5.35 4.83 3.52 3.40

ASX:MAQ vs IBM, ACN, FISV: PB Ratio Comparison

For the Information Technology Services subindustry, Macquarie Technology Group's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Macquarie Technology Group PB Ratio vs Software Industry

For the Software industry and Technology sector, Macquarie Technology Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Macquarie Technology Group's PB Ratio falls into.


ASX:MAQ
94GF Score
Macquarie Technology Group Ltd ASX:MAQ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Macquarie Technology Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Macquarie Technology Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=74.27/19.544
=3.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 3.80 mean?
Macquarie Technology Group (ASX:MAQ) has a PB Ratio of 3.80 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Macquarie Technology Group and its competitors. This is 21% below median its historical median of 4.82. Over the past decade, Macquarie Technology Group's PB Ratio has ranged from 2.76 to 12.67. According to the industry distribution chart, Macquarie Technology Group ranks #1792 out of 2624 companies in the Software industry, placing it in the top 68.3%.
Is Macquarie Technology Group's PB Ratio too high?
Macquarie Technology Group's current PB Ratio of 3.80 is 21% below median its 10-year median of 4.82. Over the past 10 years, this metric has ranged from a low of 2.76 to a high of 12.67. The Software industry median PB Ratio is 2.37. Macquarie Technology Group's value of 3.80 is 60.3% above this industry median. Based on the distribution chart, Macquarie Technology Group ranks #1792 out of 2624 companies in the Software industry, which is below the industry midpoint. Overall, Macquarie Technology Group has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Macquarie Technology Group's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Macquarie Technology Group ranks #1792 out of 2624 companies for PB Ratio. This places Macquarie Technology Group in the lower half of its industry. The industry median PB Ratio is 2.37. Macquarie Technology Group's value of 3.80 is 60.3% above this benchmark. Historically, Macquarie Technology Group's own PB Ratio has ranged from 2.76 to 12.67 over the past decade. While the company's 10-year median is 4.82 vs. the industry median of 2.37, Macquarie Technology Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Software company?
The median PB Ratio among Software companies is 2.37, based on 2,624 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Macquarie Technology Group's current PB Ratio of 3.80 is 60.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Macquarie Technology Group and its competitors. For the Software industry, the median PB Ratio is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macquarie Technology Group's current PB Ratio is 3.80, which is 21% below median its own 10-year median of 4.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macquarie Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Macquarie Technology Group (ASX:MAQ) is currently considered Fairly Valued. The stock's GF Value™ is A$67.84, compared to a current price of A$74.27 — trading 9.5% above its estimated fair value. The current PB Ratio is 3.80, which is 21% below median its 10-year median of 4.82 and 60.3% above the Software industry median of 2.37. Macquarie Technology Group's overall GF Score™ is 94/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Macquarie Technology Group (ASX:MAQ), the current PB Ratio is 3.80 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Macquarie Technology Group (ASX:MAQ) Overvalued in 2026?

Based on GuruFocus' analysis, Macquarie Technology Group stock appears to be overvalued. The current stock price of A$74.27 is trading 9.5% above its estimated GF Value™ of A$67.84. GuruFocus considers Macquarie Technology Group to be Fairly Valued.

Key valuation signals for ASX:MAQ:

  • PB Ratio: 3.80 (21% below median its 10-year median of 4.82)
  • GF Value™: A$67.84 vs. price of A$74.27 (9.5% above fair value)
  • GF Score™: 94/100 with 8 warning signs
  • Industry Position: 60.3% above the Software median (#1792 of 2624)

No single metric tells the full story. See the ASX:MAQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Macquarie Technology Group Business Description

Address 2 Market Street, Level 15, Sydney, NSW, AUS, 2000
Macquarie Technology Group operates three business segments. The telecom division is how the group first began in 1992, providing voice, mobile, and general connectivity and network security services to businesses utilizing its data network. The cloud services and government division leverages the group's data center facilities to provide cybersecurity, colocation services, public and private cloud, and storage services to corporate and government customers. In 2018, the data centers division was separately launched, providing sovereign data centers for governments, major hyperscalers, and large multinationals.
94GF Score

Get the complete analysis for ASX:MAQ

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$74.27
Price
A$67.84
GF Value